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Spruce Power Holding vs Bimergen Energy: SPRU and BESS compared
Spruce Power Holding is the larger company: $30.3M of revenue in its latest quarter (Q2 2026) against $7.9M for Bimergen Energy (Q2 2026). Spruce Power Holding is more profitable, with an operating margin of 32.2% against 19.9%.
Where the money goes: SPRU and BESS
Spruce Power Holding (SPRU) · Q2 2026
Spruce Power Holding, Q2 2026: revenue $30.3M (-9% year over year), operating margin 32.2%, net earnings $3.3M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
Bimergen Energy (BESS) · Q2 2026
Bimergen Energy, Q2 2026: revenue $7.9M, operating margin 19.9%, net earnings $1.6M, operating cash flow $469K. The chart follows the revenue to costs, profit and cash.
| Spruce Power Holding (SPRU) | Bimergen Energy (BESS) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $30.3M | $7.9M |
| Revenue growth, Y/Y | -9% | — |
| Gross margin | — | 60.9% |
| Operating margin | 32.2% | 19.9% |
| Net earnings | $3.3M | $1.6M |
| Net margin | 10.9% | 20.6% |
| Operating cash flow | −$3.2M | $469K |
Where the revenue comes from
Spruce Power Holding
- PPA revenues: $12.2M (40%)
- SLA revenues: $10.3M (34%)
- Solar renewable energy credit revenues: $6.1M (20%)
- Other revenue: $1.0M (3%)
Questions
Which is bigger, Spruce Power Holding or Bimergen Energy?
Spruce Power Holding is the larger company: $30.3M of revenue in its latest quarter (Q2 2026) against $7.9M for Bimergen Energy (Q2 2026).
Is Spruce Power Holding or Bimergen Energy growing faster?
Spruce Power Holding is more profitable, with an operating margin of 32.2% against 19.9%.
More: Spruce Power Holding earnings · how Spruce Power Holding makes money · Bimergen Energy earnings · how Bimergen Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.